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Bankers Advisory

Experience a full range of products and services for maximum compliance oversight
and lender employee education. We offer mortgage lending consulting, focused on
quality control, federal and state compliance, and fair lending.

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Mortgage lending requires you to meet specific compliance standards. Bankers Advisory offers a range of outsourced residential mortgage lending services aimed at helping your business comply with federal and state requirements so that you can dedicate your time to those you serve. Our professionals can help with quality control, fair lending, and overall mortgage compliance to help keep you on track, educate your staff, and prepare you for the future.

The Interagency Guidelines for Self-Assessment requires a comparative review of approved versus marginally denied borrowers that have similar characteristics. Our proprietary software produces a series of reports that help you uncover disparate pricing and other areas of weakness. Learn more

Our training programs offer insight from experienced professionals on mortgage compliance regulations and standards. To make training simple, our Bankers Advisory professionals deliver these trainings via live webinars for your organization, ending each session with a question and answer period to help you and your staff best understand how to navigate these requirements. Learn more

Customized policy manuals

We develop customized policy and procedure manuals that are applicable to your institutions business model and lending programs. We will complete a review of your existing policies and provide updated information with the most recently published requisites of HUD, Fannie Mae, Freddie Mac, FHLB, Rural Housing and the CFPB.

Home Mortgage Disclosure Act

We provide HMDA scrubs and offer a range of options for more in-depth services and assistance. Engagements typically include a review of your draft Loan Application Register (LAR) for correctness and pricing analyses, side by side reviews of borrower files, and HMDA-LAR for the most comprehensive data-integrity check. Options include geo-coding cross-check and reviews of commercial or mixed-use property files to assess applicability for HMDA filing.

Mortgage electronic registration system (MERS)

Bankers Advisory is a mortgage electronic registration system (MERS) patron member and provides consulting services, including assessments necessary for completion of the MERS Annual Report process. Engagements evaluate completion of system-to-system reconciliation and validation of records between lenders, MERS, and any sub-servicer.

A unique approach

Our end-to-end process is contained within an environment built on strong operational controls that foster accuracy and safeguarding of confidential information. Our practice is evaluated annually by an outside audit firm that tests our workflow process in accordance with SOC-2 procedures. Through our proprietary software, Enterprise Mortgage Compliance (EMC), our assessment checklists, risk ratings, and metrics are continually updated in accordance with the requirements of secondary market agencies and changes in regulatory compliance.

Our pricing

We offer an advantageous program for enhanced risk management. Working within our three divisions ― regulatory compliance, QC, and verification processing — our personnel collectively utilize their skills and subject matter experience to complete services on one set of loan files in a timely manner.
With the exception of the costs for travel, verification of employment, assets, credit reports, appraisals, and other out-of-pocket expenses, our fees include a full set of reports. Please contact our office to discuss quantity discounts, pricing options, and fees for other assessment types such as pre-funding and loan servicing assessments.

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Bankers Advisory has been helping financial institutions achieve mortgage quality and compliance goals since 1986. Founded by Anna DeSimone, BA has been nationally acknowledged for providing resources that help banks maintain compliance and better the industry’s overall practice. CliftonLarsonAllen acquired Bankers Advisory in 2014, bringing the company under the umbrella of one of the nation’s top professional services firms.

CliftonLarsonAllen is a member firm of the “Nexia International” network. Nexia International Limited does not deliver services in its own name or otherwise. Nexia International Limited does not accept any responsibility for the commission of any act, or omission to act by, or the liabilities of, any of its members. Each member firm within the Nexia International network is a separate legal entity.